::Calculators::
Mortgage Loan Calculator
Mortgage Qualifier
Housing and Debt-to-Income Ratios
Potential Tax Savings Worksheet
Effective Tax Rate Calculator
Debt Consolidation Worksheet
CB Financial Services does not collect or save any data entered from using these calculators
Effective Tax Rate Calculator The Effective Tax Rate is the calculated annual interest rate that you would pay if you deducted qualifying interest charges from your taxes.
The Effective Tax Rate is the calculated annual interest rate that you would pay if you deducted qualifying interest charges from your taxes.
Enter the quoted rate (APR) for your home equity line or loan:
Note: your rate may vary depending on credit quality and LTV position.
Enter your income tax bracket:
Year 2001 Tax Bracket: 15% 27.5% 30.5% 35.5% 39.1% IRS 2001 Tax Rate Schedules (Tax Bracket)
Your Effective Tax Rate:
See your tax advisor to determine whether your interest charges qualify for tax deductiability.
* Calculations are based upon the assumptions you entered. Please note that rounding errors can make a small difference in calculations. The circumstances surrounding your credit and loan qualifications may result in different calculations. You need to consult your tax advisor for the applicability of tax savings.